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84700 Sorgues 5,533 SF of Retail Space Available
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SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
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RENTAL RATE
| Space | Size | Term | Rental Rate | |||
| - | 5,533 SF | 3/6/9 | $15.82 /SF/YR HT-HC $1.32 /SF/MO HT-HC $87,514 /YR HT-HC $7,293 /MO HT-HC |
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Leasehold Rights: $293,555
- Agency Fee: $35,007
- Security Deposit: $21,879
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 5,533 SF | Property Type | Retail |
| Total Space Available | 5,533 SF |
| Property Type | Retail |
ABOUT THE PROPERTY
**Superb Opportunity for Establishment in the Avignon Nord - Le Pontet Commercial Zone** Prime retail space in excellent condition, located in a top-tier spot with high visibility and heavy foot traffic. The property spans 514 m², with 298 m² currently dedicated to retail sales. Situated right off the A7 highway, in the heart of the bustling Avignon Nord – Le Pontet commercial area (20 million visitors annually), the property is directly across from the Auchan Le Pontet shopping mall and surrounded by a dense mix of national brands and major anchor stores. - **Lease Type**: 3/6/9-year commercial lease under a construction lease agreement - **Permitted Use**: All types of businesses - **Current Rent**: €74,376 excluding taxes and charges per year (€145/m²/year excluding taxes and charges) - **Lease Transfer Fee**: €250,000 net to the seller - **Charges**: Included - **Property Tax**: Paid by the landlord - **Brokerage Fee**: Flat rate of 30% excluding taxes of the rental value, payable by the buyer **A must-see! Rare opportunity in this area!**
Presented by
Coeur Expansion SAS
"84700 Sorgues"
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